What Happened?
Shares of gas handling company Chart (NYSE:GTLS) jumped 14.7% in the morning session after the company reported strong first quarter 2025 results which featured full-year EBITDA guidance well above analysts' expectations and a backlog that outperformed Wall Street estimates. The key highlight for the quarter was a record $5.14 billion backlog, fueled by double-digit growth in orders across multiple segments, including nuclear, LNG, and hydrogen, an early signal that customer demand remains durable despite macro uncertainties. Zooming out, we think this was a solid quarter.
Is now the time to buy Chart? Access our full analysis report here, it’s free.
What The Market Is Telling Us
Chart’s shares are very volatile and have had 27 moves greater than 5% over the last year. But moves this big are rare even for Chart and indicate this news significantly impacted the market’s perception of the business.
The biggest move we wrote about over the last year was 6 months ago when the stock gained 11.3% on the news that the company reported impressive third-quarter earnings that exceeded analysts' backlog expectations. On the other hand, its full-year revenue guidance missed and its EBITDA guidance for the full year fell short of Wall Street's estimates. Overall, this was a mixed yet decent quarter.
Chart is down 19.8% since the beginning of the year, and at $152.36 per share, it is trading 30.2% below its 52-week high of $218.35 from January 2025. Investors who bought $1,000 worth of Chart’s shares 5 years ago would now be looking at an investment worth $4,568.
Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.